GreenX
GreenX is a block chain that enables individuals and institutions to enjoy the investment of resources in value-added ventures to discover and invest in high-yield, low-risk and renewable energy projects around the world.
People who develop renewable energy projects often have difficulty financing projects because of the high resources needed to start them. Organizations that want to invest in new and renewable energy projects are at risk of investing in one to several megaprojects because of the lengthy development period of the project, which limits the liquidity of the investment funds. In addition, some individual investors find it difficult to participate directly in some of these projects and have minimal donations. It can be as high as $ 100,000 in some cases.
This is how GreenX is trying to provide a solution between developers and investors. This is possible by building an ecosystem of two global markets: GreenX Capital Market and GreenX Global Exchange. GreenX Capital Market is a crowd-funded platform built with block-chain technology and GreenX Global Exchange is a globally operating energy investment market.
The listing of GreenX Capital Market is subject to an independent due diligence process along with AI-based comparative risk analysis. GreenX also seeks to reduce the gap between the cryptographic platform and the real world by establishing a GreenX subsidiary in various project countries, channeling all investments and revenues through a cash account shared with developers. On the other hand, GreenX Global Exchange enables investors to buy stocks of ready-to-invest projects immediately where they do not want to wait for the project's development period.
Green Energy Market
This market covers renewable energy production and is growing steadily in terms of production capacity. For example, in 2007, the world produced 99 gigawatts (GW) of renewable energy. However, in 2016, production peaked at a record high in 2011. What this means is that green energy sources accounted for 24% of the total electricity produced in 2016, which was mainly composed of hydropower, where wind and solar energy are closely linked.
A very important milestone has been achieved, but government policy has been very helpful in driving innovation and increasing capacity. Several cities, including Las Vegas, are working hard to achieve the same accomplishment by switching 100% renewable energy supply, just like any other city. Many countries around the world agree on the Paris Convention and provide consistent and ongoing funding for numerous green energy projects. Germany, for example, has set its goal of fully converting to a renewable energy source in 2050. Obviously, the demand for green energy is increasing across countries.
Reasons for high demand for green energy
- Low cost, high production capacity: As mentioned above, the green energy of approximately 2011.3 GW as of 2016 was produced by renewable energy sources. It accounts for about 25% of all electricity consumed worldwide. Wind power generation was 34% and hydroelectric power generation was 15.5%, while PV generated 47% of renewable energy. The green energy market continues to experience rapid growth and demand growth. General trends can be observed. Fossil fuel and nuclear energy output is declining, and green energy production continues to grow at an average of 4.7%. The state gradually eliminates existing energy sources and continuously records the energy produced from non-renewable energy sources.
- Government Support Policy: Government policy is the driving force behind the notable growth of the green energy sector. In a global trend, countries provide tax incentives and attractive incentives. As a result, significant improvements have been made in renewable energy technologies.
- Global funding expansion: In 2016, global investment in renewable energy was $ 241.6 billion. For five consecutive years, investment in new renewable energy capacity has nearly doubled compared to fossil fuels. The International Energy Agency estimated that a total of $ 730 billion in green energy investments would be needed by 2035 to meet global energy targets. Because the current investment is about $ 250 billion a year, the global market needs to triple to meet energy demand.
- A bright future: The future of green energy is certainly promising. With the adverse impacts of climate change that shook the industry, this project offers minimal risk and very interesting revenues.
Advantages of green energy:
developer
- Global funds are readily available.
- General legal procedures like normal JV contracts.
- All investments are paid in advance by investors and can be developed immediately. There is no risk of delay.
- Simplified by diligent processes to prevent sensitive information leakage.
investor
- Allow small investors to participate.
- Rights and economic interests are protected by wise agreements. GreenX handles all legal cases.
- You can use professional due diligence reports as well as AI-generated project statements.
- Access the second GreenX Global Exchange for fluidity.
- With a password-backed platform, capitalists can invest anywhere in the world without giving up privacy.
The Challenge for Green Energy:
developer
- Due to financial market limitations, we face difficulties raising funds.
- Negotiating power is low when dealing with large investors.
- Slow fund outflows will delay construction.
Institutional investor
- There must be a lot of exposure because of the high stakes in free energy projects.
- Geographical limitations make it difficult to find projects.
Individual investor
- You can not invest with less capital.
- There is no resource to carry out due diligence.
- Concerns about privacy
Teams & Consultants
- Stanley Nguyen - Chief Executive Officer
- Florian Wegmann - Investor Relations
- Dennis Duong - Chief Technical Officer
- Akin Dang - Block Chain Advisor
- Dr. Urs Lustenberge - Legal Counsel
- Teresa Dang - Chief Marketing Officer
- Charles Jurczynski - Energy Advisor
- Igor Turevsky - Energy Consultant
- Riccardo Gubbioli - energy consultant
- Dung Nguyen - Senior Block Chain Developer
- Tung Kieu - AI scientist
- Gabriel Dinh - Product Manager
- Hayden Bui - Senior Software Engineer
- Jacob Tang - Database Developer
- Nolan Le - Block Chain Developers
- Phi Ho - Software Engineer
conclusion
The world is undergoing a paradigm shift in conventional fossil fuels, and attention is focused on renewable energy. The future of the business is very bright beyond all reasonable doubts and has a tremendous potential resource base for everyone. It is a choice for investment for countries and people who want to enter the growing sector for national and economic development.
author : Yoloyolo
my profile : https://bitcointalk.org/index.php?action=profile;u=1832746
ETH : 0xEA8f7425f79f182EFDE78D287baa0629FA5AD429
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